P&O may trade higher if it can close above RM1.00 today. A position can be initiated if it happens, with a close below yesterday’s low of RM0.95 as stop-loss. The price target is RM1.20, provided that the early year high of RM1.13 is violated. Sellers should return if the stock closes below RM0.95, with a close below the recent low of RM0.90 serving as confirmation. Supports lie at RM0.86 and RM0.80.
Source: OSK
No comments:
Post a Comment